GN walks away from "transforming" acquisition
GN Store Nord has opted out of an M&A deal that could have led to fundamental changes in the company. The move follows a due diligence process that ran the company nearly DKK 100 million, and the group now initiates a share repurchasing program instead.
BY BENJAMIN WERNER CHRISTENSEN
GN Store Nord has walked away from what the Denmark-based hearing devices group calls “a significant M&A opportunity”. It happens after a due diligence process, the company writes in a stock market wire.
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